Revenue Update on National HealthCare Corporation(NYSEMKT:NHC)

National HealthCare Corporation(NYSEMKT:NHC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 5, 2016. Earnings per share were $0.78.

National HealthCare Corporation (NHC) made into the market gainers list on Wednesdays trading session with the shares advancing 0.06% or 0.04 points. Due to strong positive momentum, the stock ended at $64.26, which is also near the day’s high of $64.56. The stock began the session at $64.55 and the volume stood at 13,401 shares. The 52-week high of the shares is $69.4 and the 52 week low is $57.16. The company has a current market capitalization of $982 M and it has 1,52,79,239 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 17, 2016, David L Lassiter (Sr. Vice President, Corp. Aff.) sold 5,000 shares at $64.15 per share price.Also, On Nov 30, 2015, James Paul Abernathy (director) sold 1,000 shares at $67.00 per share price.On Nov 16, 2015, Stephen Fowler Flatt (President) sold 1,000 shares at $65.55 per share price, according to the Form-4 filing with the securities and exchange commission.

National HealthCare Corporation (NHC) is engaged in the operation of skilled nursing facilities with associated assisted living and independent living centers. The Company’s business activities include providing sub-acute skilled and post-acute skilled nursing care intermediate nursing care rehabilitative care senior living services and home healthcare services. In addition it provides management services accounting and financial services and insurance services to third-party owners of healthcare facilities. The Company operates in 10 states and its owned and leased properties are located primarily in the southeastern United States. NHC operated or managed approximately 74 skilled nursing facilities around 18 assisted living centers approximately five independent living centers approximately 36 homecare programs and around four regional pharmacy operations. The Company provides therapy services through Professional Health Services a subsidiary of NHC.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

National HealthCare Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on National HealthCare Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.